U.S. comments on Chinese currency are 'a bit chaotic': China

U.S. comments on Chinese currency are 'a bit chaotic': China

WASHINGTON: China’s foreign ministry said on Tuesday that information coming out of United States regarding the Chinese currency is “a bit chaotic”, after U.S. President Donald Trump accused China in a Twitter post on Monday of devaluing its currency.

Ministry spokeswoman Hua Chunying made the comment at a regular briefing in Beijing.

The U.S. Treasury, in a semiannual report on Friday, again refrained from naming any major trading partners as currency manipulators. The report came as the Trump administration pursues potential tariffs, negotiations and other restrictions to try to reduce a massive trade deficit with China.

(Reuters)/AFP